Salary to hourly

$150,000 a year is how much an hour?

$72.12 an hour, working 40 hours a week for 52 weeks. That is $12,500.00 a month and $5,769.23 every two weeks, before tax.

Hourly rate$72.12$150,000 ÷ 2,080 hours (40 hours × 52 weeks)

Pay by period
MonthYearly pay ÷ 12	$12,500.00
Every two weeksBiweekly paycheck	$5,769.23
Week	$2,884.62
Day5 working days a week	$576.92

Other schedules

$150,000 at other hours

Hourly pay falls as the hours rise. Fifty weeks allows two unpaid weeks off.

$150,000 a year as an hourly rate at different weekly hours
Hours a week	Hours a year	52 weeks	50 weeks
30 hours	1,560	$96.15	$100.00
35 hours	1,820	$82.42	$85.71
37.5 hours	1,950	$76.92	$80.00
40 hoursFull time	2,080	$72.12	$75.00
45 hours	2,340	$64.10	$66.67
50 hours	2,600	$57.69	$60.00
60 hours	3,120	$48.08	$50.00

At 40 hours and 50 weeks, $150,000 is $75.00 an hour and $3,000.00 a working week.

51 states · October 25, 2026

How it compares to the minimum wage

Each minimum wage below is turned into a full-time salary (× 2,080 hours) and set against $150,000.

9.9×the federal minimum wage of $7.25 ($15,080 a year)

51 of 51states (with DC) whose full-time minimum-wage salary is below $150,000

$38,272highest state or DC rate, District of Columbia at $18.40 an hour

$45,032highest local, Tukwila at $21.65 an hour

Source for the federal figure

The federal minimum wage is $7.25 per hour effective July 24, 2009.

Source: agency page
snapshot: September 26, 2026

Verified September 26, 2026

Highest city and county minimum wages

Highest local minimum wages as full-time salaries
Place	Per hour	Full-time year	$150,000 is
TukwilaWashington · 15+ employees Source Pay minimum wage of at least $21.65 per hour beginning January 1, 2026 (this can include commissions but not tips or gratuities) Source agency page snapshot September 26, 2026 Notes Covered employers: at least 15 employees worldwide, or over $2 million annual gross revenue in Tukwila, or franchisees of networks with more than 500 employees. Single rate since the mid-size phase-in ended July 1, 2025. Verified September 26, 2026	$21.65	$45,032	3.3×
RentonWashington · 501+ employees Source Covered Employers \| 2026 Minimum Wage Effective 1/1/26 \| Large Employer -More than 500 employees worldwide and certain franchises \| $21.57 \| Source agency page snapshot September 26, 2026 Notes Large employer: more than 500 employees worldwide and certain franchises. Verified September 26, 2026	$21.57	$44,866	3.3×
SeattleWashington Source Minimum Wage: Eﬀective on January 1, 2026 - December 31, 2026 Our ordinances cover employees working inside Seattle city limits, regardless of their immigration status or the location of the employer. If your situation does not qualify for investigation by us, we will refer you to another agency for help. An employer cannot reta liate against an employee for: • Asserting their rig hts under these laws. • Filing a complaint with OLS. • Telling others about their rights. • Investigations of complaints. • Outreach to workers. • Technical assistance for businesses. • Resources and referrals. Language interpretation, translations, and accommodations are available. All services are free. The mission of OLS is to advance labor standards through thoughtful community and business engagement, strategic enforcement and innovative policy development, with a commitment to race and social justice. $21.30/hour Source agency page snapshot September 26, 2026 Notes All employers regardless of size; medical benefit payments and tips cannot count toward the minimum wage. Verified September 26, 2026	$21.30	$44,304	3.4×
King County (unincorporated)Washington · 501+ employees Source More than 500 employees and gross revenue of any amount   \| $20.82 per hour  \| Source press release snapshot September 26, 2026 Notes Date from the same article: 'On Jan. 1, 2026, the minimum wage in unincorporated King County increased from $20.29 an hour to $20.82 an hour'. Band 'More than 500 employees'; the county Q&A says 'fewer than 500' for the middle band, so exactly 500 employees is ambiguous. Verified September 26, 2026	$20.82	$43,306	3.5×
EverettWashington · 500+ employees Source 2026 Minimum Wage Rate per hour: \| Employer type: \| Definition: \| $20.77 \| Large employers \| Source agency page snapshot September 26, 2026 Notes Large: 500+ employees including franchises under common control. Calendar year 2026 (CPI each January 1 per Initiative 24-01). Verified September 26, 2026	$20.77	$43,202	3.5×

$150,000 is above the full-time minimum-wage salary in 55 of the 55 cities and counties with their own rate in our data.

Every state

$150,000 a year against each state's minimum wage and median hourly wage
State	Minimum wage	Full-time year	$150,000 is	Median wage	$72.12 vs median
District of Columbia Source Beginning July 1, 2026, the minimum wage in the District of Columbia will increase from $17.95 per hour to $18.40 per hour for all workers, regardless of size of employer. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$18.40	$38,272	3.9×	$44.01	+64%
Washington Source January 1, 2026 \| $17.13 \| Source agency page snapshot September 26, 2026 Verified September 26, 2026	$17.13	$35,630	4.2×	$30.28	+138%
Connecticut Source Governor Ned Lamont today announced that beginning on January 1, 2026, Connecticut’s minimum wage will increase from the current rate of $16.35 per hour to $16.94 per hour. Source press release snapshot September 26, 2026 Notes Indexed to the employment cost index (ECI), not CPI; +3.6% for the 12 months ending June 30, 2025. Verified September 26, 2026	$16.94	$35,235	4.3×	$28.70	+151%
California Source Effective January 1, 2026, the minimum wage is $16.90 per hour for all employers, not otherwise covered by a higher minimum wage specific to an industry or a locality. Source agency page snapshot September 26, 2026 Notes DIR FAQ Q1 (page dated December 2025); also the last row of the FAQ table. Lab. Code 1182.12(c) CPI-W adjustment. Verified September 26, 2026	$16.90	$35,152	4.3×	$28.00	+158%
Oregon3 regions; highest shownwork location inside the Portland metro urban growth boundary Source For July 1, 2026, through June 30, 2027, those rates are: $16.80 per hour - Portland metro Within the urban growth boundary, including parts of Clackamas, Multnomah, and Washington Counties Source agency page snapshot September 26, 2026 Verified September 26, 2026	$16.80from $14.55	$34,944	4.3×	$27.40	+163%
Hawaii Source $16.00 per hour beginning January 1, 2026 Source agency page snapshot September 26, 2026 Notes Scheduled by Act 114 (2022), HRS § 387-2. Verified September 26, 2026	$16.00	$33,280	4.5×	$27.08	+166%
New York Source Remainder of state (outside of New York City and Nassau, Suffolk, and Westchester counties): $9.70 per hour on and after December 31, 2016; $10.40 per hour on and after December 31, 2017; $11.10 per hour on and after December 31, 2018; $11.80 per hour on and after December 31, 2019; $12.50 per hour on and after December 31, 2020; $13.20 per hour on and after December 31, 2021; $14.20 per hour on and after December 31, 2022; $15.00 per hour on and after January 1, 2024; $15.50 per hour on and after January 1, 2025; $16.00 per hour on and after January 1, 2026. Source agency page snapshot September 26, 2026 Notes Remainder of state (outside New York City and Nassau, Suffolk and Westchester counties). Verified September 26, 2026	$16.00	$33,280	4.5×	$28.69	+151%
Rhode Island Source: R.I. Gen. Laws § 28-12-3 (p) Commencing January 1, 2026, the minimum wage is sixteen dollars ($16.00) per hour. Source statute snapshot October 1, 2026 Verified October 1, 2026	$16.00	$33,280	4.5×	$27.30	+164%
New Jersey Source Date Most Employers Seasonal & Small Employers (fewer than 6) Agricultural Employers Cash for Tipped Workers Wage for Long-Term Care Facility Direct Care Staff January 1, 2020 $11 $10.30 $10.30 $3.13 $11; $14 as of 11/1/20 January 1, 2021 $12 $11.10 $10.30 $4.13 $15 January 1, 2022 $13 $11.90 $11.05 $5.13 $16 January 1, 2023 $14.13 $12.93 $12.01 $5.26 $17.13 January 1, 2024 $15.13 $13.73 $12.81 $5.26 $18.13 January 1, 2025 $15.49 $14.53 $13.40 $5.62 $18.49 January 1, 2026 $15.92 $15.23 $14.20 $6.05 $18.92 Source agency page snapshot September 26, 2026 Verified September 26, 2026	$15.92	$33,114	4.5×	$28.16	+156%
Colorado Source: 7 CCR 1103-14 (2026 PAY CALC Order) Minimum Pay Level in COMPS Order Rule 2026 Level (Yearly Calculation) Future Annual Adjustments (A) Full Colorado minimum wage (R. 3.1) $15.16 per hour Last year’s minimum adjusted by CPI (Consumer Price Index) for Colorado Source agency page snapshot September 26, 2026 Verified September 26, 2026	$15.16	$31,533	4.8×	$28.75	+151%
Arizona Source In 2016, voters approved Proposition 206 which increased Arizona's hourly minimum wage in four stages from $10.00 in 2017, to $12.00 by 2020 and implemented annual, cost-of-living increases based on the CPI (Proposition 202 and 206; A.R.S. § 23-363). According to the Industrial Commission of Arizona (ICA), the state minimum wage in 2026 is set at $15.15 an hour Source agency page snapshot September 27, 2026 Notes State rate set by the Industrial Commission of Arizona each January 1 under A.R.S. § 23-363(B) (CPI-U, August over August); figure as reported by Arizona Senate Research Staff. Verified September 27, 2026	$15.15	$31,512	4.8×	$24.07	+200%
Maine Source Effective Date \| State Minimum Wage \| Minimum Direct Service Wage \| Maximum Tip Credit \| 1/1/2027 \| $15.70 \| $7.85 \| $7.85 \| 1/1/2026 \| $15.10 \| $7.55 \| $7.55 \| Source agency page snapshot September 26, 2026 Verified September 26, 2026	$15.10	$31,408	4.8×	$24.73	+192%
Delaware Source: 19 Del. C. § 902 (a) Except as may otherwise be provided under this chapter, every employer shall pay to every employee in any occupation wages of a rate: (1) Not less than $9.25 per hour until January 1, 2022; (2) Not less than $10.50 per hour effective January 1, 2022; (3) Not less than $11.75 per hour effective January 1, 2023; (4) Not less than $13.25 per hour effective January 1, 2024; (5) Not less than $15.00 per hour effective January 1, 2025. Source statute snapshot September 26, 2026 Verified September 26, 2026	$15.00	$31,200	4.8×	$25.09	+187%
Florida Source: Fla. Const. art. X, § 24 Effective September 30th, 2021, the existing state Minimum Wage shall increase to $10.00 per hour, and then increase each September 30th thereafter by $1.00 per hour, until the Minimum Wage reaches $15.00 per hour on September 30th, 2026. Source ballot text snapshot September 26, 2026 Notes Amendment 2 (2020) final step. From September 30, 2027 a CPI-W adjustment is calculated each year and takes effect the following January 1. Verified September 26, 2026	$15.00	$31,200	4.8×	$23.02	+213%
Illinois Source Beginning January 1, 2025, the minimum wage in Illinois is $15.00 per hour for those individuals who are 18 years and older. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$15.00	$31,200	4.8×	$24.98	+189%
Maryland Source: Md. Code, Lab. & Empl. § 3-413 Except as provided in paragraph (2) of this subsection, the State minimum wage rate is: (i) for the 12–month period beginning January 1, 2023, $13.25 per hour; and (ii) beginning January 1, 2024, $15.00 per hour. Source statute snapshot September 26, 2026 Verified September 26, 2026	$15.00	$31,200	4.8×	$28.61	+152%
Massachusetts Source Effective January 1, 2023, minimum wage has increased to $15.00. Source agency page snapshot September 26, 2026 Notes Final step of the St. 2018, c. 121 ('Grand Bargain') schedule; no later increase is scheduled. Verified September 26, 2026	$15.00	$31,200	4.8×	$30.57	+136%
Missouri Source: Mo. Rev. Stat. § 290.502 3. Except as may be otherwise provided pursuant to sections 290.500 to 290.530, and notwithstanding subsection 1 of this section, effective January 1, 2025, every employer shall pay to each employee wages at the rate of not less than $13.75 per hour, or wages at the same rate or rates set under the provisions of federal law as the federal minimum wage applicable to those covered jobs in interstate commerce, whichever rate per hour is higher. Thereafter, the minimum wage established by this subsection shall be increased by $1.25 per hour, to $15.00 per hour, effective January 1, 2026. Source statute snapshot September 26, 2026 Notes Proposition A (Nov 5, 2024). H.B. 567 (2025) removed later CPI indexing; no further step in current text. Verified September 26, 2026	$15.00	$31,200	4.8×	$22.98	+214%
Nebraska Source: Official Report of the Nebraska Board of State Canvassers, General Election, November 8, 2022 Initiative Measure 433 Shall the Nebraska statute establishing a minimum wage for employees be amended to increase the state minimum wage from nine dollars ($9.00) per hour to ten dollars and fifty cents ($10.50) per hour on January 1, 2023, to twelve dollars ($12.00) per hour on January 1, 2024, to thirteen dollars and fifty cents ($13.50) per hour on January 1, 2025, and to fifteen dollars ($15.00) per hour on January 1, 2026, to be adjusted annually thereafter to account for increases in the cost of living? County For Against Total 386,756 272,603 Source ballot text snapshot September 26, 2026 Notes Initiative 433 schedule; approved by voters Nov 8, 2022 (For 386,756, Against 272,603). Verified September 26, 2026	$15.00	$31,200	4.8×	$23.55	+206%
Vermont Source Beginning January 1, 2026, the State’s minimum wage will increase from $14.01 to $14.42 per hour - an increase of $0.41. Source press release snapshot September 26, 2026 Verified September 26, 2026	$14.42	$29,994	5.0×	$27.11	+166%
Alaska Source: AS 23.10.065 (2) Eﬀective July 1, 2026, the minimum wage shall be $14.00 per hour; Source agency page snapshot September 26, 2026 Verified September 26, 2026	$14.00	$29,120	5.2×	$29.33	+146%
Michigan Source Effective January 1, 2026, the minimum wage rate is $13.73 per hour. Source agency page snapshot September 26, 2026 Notes Step of the Senate Bill 8 schedule (effective Feb. 21, 2025) that raises the rate to $15 by 2027. Verified September 26, 2026	$13.73	$28,558	5.3×	$23.69	+204%
Virginia Source: Va. Code § 40.1-28.10 B. From January 1, 2026, until January 1, 2027, every employer shall pay to each of its employees wages at a rate not less than the greater of (i) $12.77 per hour or (ii) the federal minimum wage. Source statute snapshot September 26, 2026 Verified September 26, 2026	$12.77	$26,562	5.6×	$26.78	+169%
Nevada Source Assembly Bill 456, passed in 2019, increased the minimum wage in increments of 75 cents annually over a five-year period. The final increase effective July 1, 2024, will bring Nevada’s minimum wage to $12 per hour. Source press release snapshot September 26, 2026 Notes Single rate for all employees from July 1, 2024 (two-tier health benefit system eliminated by Ballot Question 2, 2022). Verified September 26, 2026	$12.00	$24,960	6.0×	$22.91	+215%
New Mexico Source: NMSA 1978, § 50-4-22 (5) on and after January 1, 2023, at least twelve dollars ($12.00) an hour Source statute snapshot September 27, 2026 Notes NMSA 1978 § 50-4-22(A), as amended by Laws 2019, ch. 114. Verified September 27, 2026	$12.00	$24,960	6.0×	$22.70	+218%
South Dakota Source: S.D. Codified Laws § 60-11-3 The minimum wage for non-tipped employees in South Dakota is $11.85/hour. (Effective Jan. 1, 2026.) Source agency page snapshot September 26, 2026 Verified September 26, 2026	$11.85	$24,648	6.1×	$22.63	+219%
Minnesota Source: Minn. Stat. § 177.24 As of Jan. 1, 2025, the Minnesota statewide minimum wage is $11.13 for all employers and the 90-day training wage is $9.08 for workers under age 20. Effective Jan. 1, 2026, the state minimum wage will increase to $11.41 and the training wage will increase to $9.31, reflecting a 2.5% inflation increase for both rates. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$11.41	$23,733	6.3×	$27.36	+164%
Arkansas4+ employees Source: Ark. Code Ann. § 11-4-210 Effective January 1, 2021, the minimum wage in Arkansas is $11.00 per hour. The Arkansas Minimum Wage Act covers employers with 4 or more employees. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$11.00	$22,880	6.6×	$20.98	+244%
Ohioemployer annual gross receipts of $405,000 or more (2026 threshold, CPI-indexed) Source: Ohio Const. art. II, § 34a; Ohio Rev. Code § 4111.02 2026 MINIMUM WAGE www.com.ohio.gov Mike DeWine Governor Jim Tressel Lt. G overnor Sherry Maxfield Director NON-TIPPED EMPLOYEES A Minimum Wage of $11.00 per hour Source agency page snapshot September 26, 2026 Notes Rate stated as 'A Minimum Wage of $11.00 per hour' under NON-TIPPED EMPLOYEES; poster title gives only the year. Art. II § 34a adjusts on January 1. Verified September 26, 2026	$11.00	$22,880	6.6×	$23.74	+204%
Montana Source Pursuant to §39-3-409 MCA, Montana’s Minimum Wage will increase to $10.85 per hour effective January 1, 2026. Source press release snapshot September 26, 2026 Verified September 26, 2026	$10.85	$22,568	6.6×	$23.43	+208%
West Virginia6+ employees Source As of January 1, 2016, the state minimum wage is $8.75 per hour. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$8.75	$18,200	8.2×	$21.78	+231%
AlabamaNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$21.96	+228%
GeorgiaNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$23.16	+211%
Idaho Source: Idaho Code § 44-1502 44-1502. Minimum wages. (1) Except as hereinafter otherwise provided, no employer shall pay to any of his employees any wages computed at a rate of less than seven dollars and twenty-five cents ($7.25) per hour for employment. The amount of the minimum wage shall conform to, and track with, the federal minimum wage. Source statute snapshot October 1, 2026 Notes Idaho Code § 44-1502(1); the rate conforms to and tracks the federal minimum wage. Verified October 1, 2026	$7.25	$15,080	9.9×	$23.06	+213%
Indiana Source: Ind. Code § 22-2-2-4 Both the federal and Indiana state minimum wage increased from $6.55 per hour to $7.25 per hour, effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$23.01	+213%
Iowa Source: Iowa Code § 91D.1 1. a. The state hourly wage shall be at least $6.20 as of April 1, 2007, and $7.25 as of January 1, 2008. Source statute snapshot September 26, 2026 Notes Iowa's $7.25 took effect Jan 1, 2008, before the federal rate reached $7.25. Verified September 26, 2026	$7.25	$15,080	9.9×	$23.34	+209%
Kansasemployers not covered by the federal FLSA Source: K.S.A. 44-1203 (2) on and after January 1, 2010, employee wages shall be paid at a rate of not less than $7.25 an hour. Source statute snapshot September 26, 2026 Notes Subsection (c): section does not apply to employers and employees covered by the FLSA. Verified September 26, 2026	$7.25	$15,080	9.9×	$23.08	+212%
Kentucky Source: KRS 337.275 and not less than seven dollars and twenty -five cents ($7.25) an hour beginning July 1, 2009. Source statute snapshot October 1, 2026 Notes KRS 337.275(1). The state rate rises automatically to any higher federal minimum wage. Verified October 1, 2026	$7.25	$15,080	9.9×	$22.56	+220%
LouisianaNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$21.89	+229%
MississippiNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$19.29	+274%
New Hampshire Source Unless otherwise provided by statute, no person, firm or corporation shall employ any employee at an hourly rate lower than that set forth in the federal minimum wage law, which is $7.25. Source agency page snapshot September 26, 2026 Notes New Hampshire adopts the federal minimum wage by reference (RSA 279 minimum wage law). The page states the $7.25 figure but no date; 2009-07-24 is the effective date of the federal $7.25 rate (FLSA, 29 U.S.C. 206(a)(1)(C), dataset source us-dol-minimum-wage) that the statute incorporates. Verified September 26, 2026	$7.25	$15,080	9.9×	$26.87	+168%
North Carolina Source The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all employees (agricultural and domestic employees are subject to the federal minimum wage). Source agency page snapshot September 26, 2026 Notes Effective date not stated on the page. N.C. Gen. Stat. § 95-25.3(a) adopts the FLSA rate when higher than $6.15; the FLSA rate became $7.25 on July 24, 2009 (us-dol-minimum-wage). Verified September 26, 2026	$7.25	$15,080	9.9×	$23.06	+213%
North Dakota Source: N.D. Admin. Code ch. 46-02-07 MINIMUM WAGE RATE: North Dakota does not have a Training Wage. $7.25 per hour on 7/24/09 Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$25.23	+186%
Oklahoma Source 1. What is the current minimum wage? The Oklahoma minimum wage is equal to the federal minimum wage of $7.25 per hour. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$21.92	+229%
Pennsylvania Source $7.25 per hour Effective July 24, 2009 Source agency page snapshot September 26, 2026 Notes Minimum Wage Act as amended by Act 2006-112 (state rate follows the federal rate). Verified September 26, 2026	$7.25	$15,080	9.9×	$23.89	+202%
South CarolinaNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$22.35	+223%
TennesseeNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$22.78	+217%
Texas Source Texas adopts the federal minimum wage rate. The federal minimum wage is $7.25 per hour. (Effective July 24, 2009) Source agency page snapshot October 1, 2026 Notes Tex. Lab. Code § 62.051 adopts the federal minimum wage under the FLSA. Verified October 1, 2026	$7.25	$15,080	9.9×	$23.38	+208%
Utah Source The Utah minimum wage is $7.25 per hour. Minor employees (under 18 years of age) may be paid $4.25 per hour, as a training wage, for the first 90 days of employment. Employees receiving tips of at least $30.00 per month may be paid a cash wage of $2.13 per hour, if the total of the cash wage and the tips total at least $7.25 per hour. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$24.09	+199%
Wisconsin Source: Wis. Admin. Code DWD 272.03 Wisconsin Minimum Wage Rates Effective July 24, 2009 (Wis. Stat. ch. 104) General Minimum Wage Rates Non-Opportunity Employees: Opportunity Employees: $7.25 per Hour $5.90 per Hour Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$24.17	+198%
WyomingNo state rate; the federal minimum applies Source The federal minimum wage is $7.25 per hour effective July 24, 2009. Source agency page snapshot September 26, 2026 Verified September 26, 2026	$7.25	$15,080	9.9×	$24.17	+198%

$72.12 an hour is above the median hourly wage in 51 of 51 states. Median wages: BLS Occupational Employment and Wage Statistics, May 2025, state estimates, May 2025, all occupations. The median is the middle wage of all jobs in the state, not a legal floor.

11 salary levels · 8 states and federal

Is $150,000 enough to be exempt from overtime?

Salaried executive, administrative and professional employees can be exempt from overtime only above a minimum salary. These are the levels in our data.

$150,000 a year against overtime-exempt salary levels
Where	Yearly level	How it is set	$150,000
Federal Rule: 29 C.F.R. Part 541 To qualify for exemption, employees generally must meet certain tests regarding their job duties and be paid on a salary basis at not less than $684 per week. Source agency page snapshot September 26, 2026 Notes The 2024 rule raising the level to $844/$1,128 was vacated in November 2024; DOL enforces the 2019 level of $684. Verified September 26, 2026	$35,568$684.00 a week	Fixed amount in the ruleExecutive, administrative and professional employees are exempt from minimum wage and overtime only if they meet the duties tests and are paid a salary of at least $684 per week ($35,568 a year).	Meets
Alaska Rule: AS 23.10.065 (b) Notwithstanding (c) of this section, an individual employed in a bona ﬁde executive, administrative, or professional capacity shall be compensated on a salary or fee basis at a rate of not less than two times the state minimum wage for the ﬁrst 40 hours of employment each week, exclusive of board or lodging that is furnished by the individual’s employer. Source agency page snapshot September 26, 2026 Verified September 27, 2026 Minimum wage: AS 23.10.065 (2) Eﬀective July 1, 2026, the minimum wage shall be $14.00 per hour; Source agency page snapshot September 26, 2026 Verified September 26, 2026	$58,240$1,120.00 a week	2 × $14.00 an hour × 40 hours × 52 weeksExecutive, administrative and professional employees must be paid a salary or fee of at least twice the state minimum wage for the first 40 hours each week, excluding board or lodging, to be exempt.	Meets
California Rule: Cal. Lab. Code § 515 (a) The Industrial Welfare Commission may establish exemptions from the requirement that an overtime rate of compensation be paid pursuant to Sections 510 and 511 for executive, administrative, and professional employees, if the employee is primarily engaged in the duties that meet the test of the exemption, customarily and regularly exercises discretion and independent judgment in performing those duties, and earns a monthly salary equivalent to no less than two times the state minimum wage for full-time employment. Source statute snapshot September 27, 2026 Notes Lab. Code 515(c) defines full-time employment as 40 hours per week, so the floor is 2 x state minimum wage x 2,080 hours a year. Verified September 27, 2026 Minimum wage Effective January 1, 2026, the minimum wage is $16.90 per hour for all employers, not otherwise covered by a higher minimum wage specific to an industry or a locality. Source agency page snapshot September 26, 2026 Notes DIR FAQ Q1 (page dated December 2025); also the last row of the FAQ table. Lab. Code 1182.12(c) CPI-W adjustment. Verified September 26, 2026	$70,304$1,352.00 a week	2 × $16.90 an hour × 40 hours × 52 weeksExecutive, administrative and professional employees are exempt from overtime only if they primarily perform exempt duties, regularly exercise discretion and independent judgment, and earn a monthly salary of at least twice the state minimum wage for full-time employment.	Meets
Colorado Rule: 7 CCR 1103-14 (2026 PAY CALC Order) (E) Executive/supervisor, administrative, or professional employees (EAP) (R. 2.5.1); certain owners or proprietors of non-profit employers (R. 2.2.5); decision-making managers at livestock employers (R. 2.4.8) $1,111.23 per week ($57,784 rounded annual equivalent); and sufficient for the minimum wage for all hours worked in a workweek Source statute snapshot September 27, 2026 Notes 2026 PAY CALC Order (7 CCR 1103-14); the level is indexed by CPI every January 1 (COMPS Rule 2.5.1). Verified September 27, 2026	$57,784$1,111.23 a week	Fixed amount in the ruleIn 2026, executive, administrative and professional employees must be paid at least $1,111.23 per week ($57,784 a year), and enough to cover the minimum wage for all hours worked, to be exempt.	Meets
Hawaii Rule Under Section 387-1, HRS, an individual in any capacity who receives a guaranteed compensation of $4,000 or more per month, whether paid weekly, biweekly or monthly, or an individual in a bona fide executive, administrative, supervisory or professional capacity, and as defined under Sections 12-20-2 to 12-20-5, Hawaii Administrative Rules, is exempt from the minimum wage, overtime, and record keeping provisions of the law. Source agency page snapshot September 27, 2026 Notes Employees covered by the federal FLSA remain subject to its salary test. Verified September 27, 2026	$48,000$4,000 a month	$4,000 a month × 12 monthsEmployees guaranteed compensation of $4,000 or more a month, and bona fide executive, administrative, supervisory or professional employees as defined in the rules, are exempt from Hawaii's minimum wage, overtime and recordkeeping provisions.	Meets
Maine Rule: 26 M.R.S. § 663 A salaried employee who works in a bona fide executive, administrative or professional capacity and whose regular compensation, when converted to an annual rate, exceeds 3000 times the State's minimum hourly wage or the annualized rate established by the United States Department of Labor under the federal Fair Labor Standards Act, whichever is higher Source statute snapshot September 26, 2026 Notes 26 M.R.S. § 663(3)(K). At the 2026 minimum wage of $15.10 this is $45,300 a year ($871.15 a week). Verified September 26, 2026 Minimum wage Effective Date \| State Minimum Wage \| Minimum Direct Service Wage \| Maximum Tip Credit \| 1/1/2027 \| $15.70 \| $7.85 \| $7.85 \| 1/1/2026 \| $15.10 \| $7.55 \| $7.55 \| Source agency page snapshot September 26, 2026 Verified September 26, 2026	$45,300	3,000 × $15.10 an hourA salaried executive, administrative or professional employee is exempt from Maine minimum wage and overtime only if annual pay exceeds 3,000 times the state minimum hourly wage or the federal threshold, whichever is higher.	Meets
New York Rule Most people are covered by the minimum wage requirements. However, some people are not. Those who are not covered include: Executives and administrators earning more than 75 times the minimum wage rate Source agency page snapshot September 27, 2026 Notes The multiple applies to weekly pay (12 NYCRR 142-2.14); with 2026 minimum wages of $17.00 (NYC, Long Island, Westchester) and $16.00 (rest of state) that is about $1,275 and $1,200 a week; DOL publishes the rest-of-state figure as $1,199.10. Verified September 27, 2026	—	Executives and administrators fall outside New York minimum wage coverage only if they earn more than 75 times the minimum wage rate.	See rule
Oregon (nonurban counties) Rule Oregon law requires a weekly salary equivalent to a monthly salary calculated by multiplying the applicable regional minimum wage by 2,080 hours and dividing that amount by 12 months. Source agency page snapshot September 27, 2026 Notes ORS 653.010(9); OAR 839-020-0004(29). The regional minimum wage is Portland metro, standard or nonurban. Verified September 27, 2026 Minimum wage $14.55 per hour - Non-urban Baker, Coos, Crook, Curry, Douglas, Gilliam, Grant, Harney, Jefferson, Klamath, Lake, Malheur, Morrow, Sherman, Umatilla, Union, Wallowa, and Wheeler Counties Source agency page snapshot September 26, 2026 Verified September 26, 2026	$30,264$2,522.00 a month	$14.55 an hour × 2,080 hoursOregon's white-collar exemptions require a salary equal to at least the applicable regional minimum wage times 2,080 hours divided by 12 months, paid weekly on a salary basis.	Meets
Oregon (standard counties) Rule Oregon law requires a weekly salary equivalent to a monthly salary calculated by multiplying the applicable regional minimum wage by 2,080 hours and dividing that amount by 12 months. Source agency page snapshot September 27, 2026 Notes ORS 653.010(9); OAR 839-020-0004(29). The regional minimum wage is Portland metro, standard or nonurban. Verified September 27, 2026 Minimum wage July 1, 2026 \| $15.55 \| $16.80 \| $14.55 Source agency page snapshot September 26, 2026 Notes Standard column of the table row for July 1, 2026. Verified September 26, 2026	$32,344$2,695.33 a month	$15.55 an hour × 2,080 hoursOregon's white-collar exemptions require a salary equal to at least the applicable regional minimum wage times 2,080 hours divided by 12 months, paid weekly on a salary basis.	Meets
Oregon (Portland metro) Rule Oregon law requires a weekly salary equivalent to a monthly salary calculated by multiplying the applicable regional minimum wage by 2,080 hours and dividing that amount by 12 months. Source agency page snapshot September 27, 2026 Notes ORS 653.010(9); OAR 839-020-0004(29). The regional minimum wage is Portland metro, standard or nonurban. Verified September 27, 2026 Minimum wage For July 1, 2026, through June 30, 2027, those rates are: $16.80 per hour - Portland metro Within the urban growth boundary, including parts of Clackamas, Multnomah, and Washington Counties Source agency page snapshot September 26, 2026 Verified September 26, 2026	$34,944$2,912.00 a month	$16.80 an hour × 2,080 hoursOregon's white-collar exemptions require a salary equal to at least the applicable regional minimum wage times 2,080 hours divided by 12 months, paid weekly on a salary basis.	Meets
Washington Rule: WAC 296-128-545 To qualify as an exempt employee under this section, an employee must be compensated on a salary or fee basis, exclusive of board, lodging, or other facilities, as follows: (1) Beginning July 1, 2020, and through December 31, 2020, an amount not less than 1.25 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek regardless of the size of the employer; (2) Beginning January 1, 2021, and through December 31, 2021: (a) When the employee works for an employer with fifty or fewer employees, an amount not less than 1.5 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek; and (b) When the employee works for an employer with more than fifty employees, an amount not less than 1.75 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek. (3) Beginning January 1, 2022, and through December 31, 2022, an amount not less than 1.75 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek regardless of the size of the employer; (4) Beginning January 1, 2023, and through December 31, 2023: (a) When the employee works for an employer with fifty or fewer employees, an amount not less than 1.75 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek; and (b) When the employee works for an employer with more than fifty employees, an amount not less than 2.0 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek. (5) Beginning January 1, 2024, and through December 31, 2024, an amount not less than 2.0 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek regardless of the size of the employer; (6) Beginning January 1, 2025, and through December 31, 2025: (a) When the employee works for an employer with fifty or fewer employees, an amount not less than 2.0 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek; and (b) When the employee works for an employer with more than fifty employees, an amount not less than 2.25 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek. (7) Beginning January 1, 2026, and through December 31, 2026, an amount not less than 2.25 times the minimum wage prescribed in RCW 49.46.020 for a forty-hour workweek regardless of the size of the employer; Source statute snapshot September 27, 2026 Notes 2027: 2.25x (50 or fewer employees) or 2.5x (more than 50); from 2028: 2.5x for all employers (same rule). Verified September 27, 2026 Minimum wage January 1, 2026 \| $17.13 \| Source agency page snapshot September 26, 2026 Verified September 26, 2026	$80,168$1,541.70 a week	2.25 × $17.13 an hour × 40 hours × 52 weeksIn 2026, executive, administrative and professional employees must be paid a salary of at least 2.25 times the state minimum wage for a 40-hour workweek, regardless of employer size, to be exempt from overtime.	Meets

Levels that follow the minimum wage are computed from the rule and the minimum wage in force on October 25, 2026; yearly figures use 52 weeks. "See rule" means the rule is not recorded in a form we can compute a figure from without guessing. The salary is only one test: the job's duties must also qualify, and some jobs have their own rules. Federal law applies everywhere, so to be exempt an employee must clear the federal level and, where the state sets a higher one, the state level too.

4 questions

Questions

$150,000 a year is how much an hour?

$72.12 an hour at 40 hours a week for 52 weeks (2,080 hours). That is $12,500.00 a month, $5,769.23 every two weeks and $2,884.62 a week, before tax.

How much is $150,000 a year an hour at 37.5 hours a week?

$76.92 an hour over 52 weeks (1,950 hours). With two unpaid weeks off (50 weeks) it is $80.00.

Is $150,000 a year above the minimum wage?

$72.12 an hour is above the federal minimum wage of $7.25. As a full-time salary it is above the general minimum wage in 51 of 51 states (including DC); the highest state or DC rate, District of Columbia's $18.40, comes to $38,272 a year.

Is $150,000 a year enough to be exempt from overtime?

It is at or above the federal salary level of $35,568 a year. It meets 9 of the 9 state and regional levels we can compute. The salary is only one test: the job's duties must also qualify.

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